PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment consisted of the following:

	December 31,
	2015			2014
	(in thousands)
Land, buildings and improvements	$	70,487		$	69,165
Machinery and equipment	150,809			140,939
Leasehold improvements	139,448			132,378
Furniture and fixtures	106,722			101,823
Software	54,506			42,909
Construction in progress	6,340			4,628
Total property, plant and equipment	528,312			491,842
Less: accumulated depreciation	(297,777		)	(259,445		)
Net property, plant and equipment	$	230,535		$	232,397

The Company recognized depreciation expense on property, plant and equipment of $47.0 million, $45.5 million and $42.8 million for the years ended December 31, 2015, 2014 and 2013, respectively, which is included in occupancy expense as part of cost of sales and selling, general and administrative expense on the consolidated statements of income.